Applied Energetics, Inc. announced that on March 2, 2015, Mark Lister notified the Board of Directors of the company that he is resigning from his position as director of the company. On March 2, 2015 the company's Board of Directors designated George Farley as its principal executive officer and principal financial officer. Mr. Farley is Chairman of the Audit Committee and also serves as a member of the Compensation Committee.

George P. Farley is a certified public accountant, has been a member of the company Board of Directors since March 2004. Through 2007, Mr. Farley served as a Director and a member of the Audit Committee of iCad, Inc.